Common Contracts

2 similar Settlement Agreement contracts by Peoples Federal Bancshares, Inc.

SETTLEMENT AGREEMENT
Settlement Agreement • August 12th, 2014 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts

This Settlement Agreement (the “Agreement”) is entered into as of August 5, 2014 by and among Maurice H. Sullivan, Jr. (the “Executive”), Independent Bank Corp., a Massachusetts corporation, and Rockland Trust Company, a wholly owned subsidiary of Independent Bank Corp. (collectively, “Buyer”), Peoples Federal Bancshares, Inc., a Maryland corporation (“Seller”) and Peoples Federal Savings Bank, a wholly owned subsidiary of the Seller (“Seller Bank”).

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SETTLEMENT AGREEMENT
Settlement Agreement • August 12th, 2014 • Peoples Federal Bancshares, Inc. • Savings institutions, not federally chartered • Massachusetts

This Settlement Agreement (the “Agreement”) is entered into as of August 5, 2014 by and among Thomas J. Leetch, Jr. (the “Executive”), Independent Bank Corp., a Massachusetts corporation, and Rockland Trust Company, a wholly owned subsidiary of Independent Bank Corp. (collectively, “Buyer”), Peoples Federal Bancshares, Inc., a Maryland corporation (“Seller”) and Peoples Federal Savings Bank, a wholly owned subsidiary of the Seller (“Seller Bank”).

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